April 2nd, Kòngǔ: After another decline, when will the volatility end?

CN
1 year ago

2024.04.02 Tuesday

When will the oscillation end after another decline?

① The next day 00:00, Williams, the chairman of the Federal Reserve, will preside over the discussion.

② The next day 00:05, Mester, the Federal Reserve, will speak on the economic outlook.

③ The next day 01:30, Daly, the Federal Reserve, will participate in a fireside chat.

  1. Daily chart: After breaking through the 61000 support level, there was some oscillation. If the subsequent pullback does not break this support, the upward trend will continue.

  1. 1-hour chart: After temporarily surpassing the 68500 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend.

II. Ethereum

  1. Daily chart: After breaking through the 3200 support level, there was a pullback. If the subsequent pullback does not break this support, the upward trend will continue.

  1. 1-hour chart: After temporarily surpassing the 3450 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend.

I. Bitcoin

  1. Yesterday's view:

Summary: After temporarily surpassing the 68500 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 72400 and 74700; if it breaks below this support, it will initiate another pullback, with support below at 66900 and 64700.

  1. Future trend:

The future trend maintains oscillation after the pullback did not break the 68500 support level, reaching a high of 69949.

II. Ethereum

  1. Yesterday's view:

Summary: After temporarily surpassing the 3450 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 3740 and 3870; if it breaks below this support, it will initiate another pullback, with support below at 3440 and 3310.

  1. Future trend:

The future trend saw a rebound after the pullback did not break the 3450 support level, reaching a low of 3518.

I. Bitcoin

Summary: After temporarily surpassing the 68500 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 72400 and 74700; if it breaks below this support, it will initiate another pullback, with support below at 66900 and 64700.

II. Ethereum

Summary: After temporarily surpassing the 3450 support level, there is still oscillation. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 3740 and 3870; if it breaks below this support, it will initiate another pullback, with support below at 3440 and 3310.

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